Preferred Apartment Communities (APTS) Raises Quarterly Dividend 8.6% to $0.22; 6.6% Yield

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Go back to Preferred Apartment Communities (APTS) Raises Quarterly Dividend 8.6% to $0.22; 6.6% Yield

Preferred Apartment Communities, Inc. Increases Quarterly Common Stock Dividend

November 3, 2016 11:17 AM EDT

ATLANTA, Nov. 3, 2016 /PRNewswire/ -- Fourth Quarter 2016 Common Stock Dividend

Preferred Apartment Communities, Inc. (NYSE: APTS), or PAC, today announced that its Board of Directors has declared a quarterly dividend on its common stock of $0.22 per share for the fourth quarter of 2016.  This is an increase of $0.0175 per share or approximately 8.6% over the prior quarterly dividend rate of $0.2025 per share paid to common stockholders for the third quarter of 2016.  This also represents a 14.3% increase in our common stock dividend from our fourth quarter 2015 common stock dividend of $0.1925 per share, and an... More